Friends Outside in Los Angeles County

Analysis

Friends Outside in Los Angeles County is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends Outside in Los Angeles County reported income of $3.2m and spending of $3.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.2m (+28%), an average of +6.5% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends Outside in Los Angeles County sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include YWCA of Asheville and Western North Carolina Inc ($3.2m), Youthbuild Boston Inc ($3.2m) and Midland Area Agency on Aging ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $109k (3.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.5m against liabilities of $208k, net assets of $1.3m. It reported 32 employees.